Employers Holdings Inc. Executive Vice President and Chief Administrative Officer John Nelson entered into a pre-arranged trading plan under Rule 10b5-1 of the Securities and Exchange Act to exercise and sell up to 14,000 stock options over time.
Shares may be sold on the open market at prevailing market prices and subject to certain minimum price thresholds. Nelson entered into the trading plan to facilitate the exercise of stock options granted to him under the company's equity and incentive plan.
The trading plan is scheduled to terminate on Dec. 31, 2017, and may be terminated earlier by Nelson, subject to applicable securities laws and the company's insider trading policy.